SSE Composite Index (original) (raw)

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Stock market index

SSE Composite Index
Foundation 15 July 1991; 33 years ago (1991-07-15) (launch date)19 December 1990 (base date)
Operator Shanghai Stock ExchangeChina Securities Index
Exchanges Shanghai Stock Exchange
Trading symbol SSE: 000001
Constituents all stock (A & B shares)
Type all cap
Market cap CN¥32.697 trillion (September 2017)[1]CN¥12.727 trillion (free-float adjusted, September 2017)[1]
Related indices SSE Mega-CapSSE 50SSE MidCapSSE 180SSE 380
Website www.csindex.com.cn/en/indices/index-detail/000001
SSE Composite Index
Simplified Chinese 上海证券交易所综合股价指数
TranscriptionsStandard MandarinHanyu PinyinShànghǎi Zhèngquàn Jiāoyìsuǒ zōnghé gǔjià zhǐshùWade–GilesShang-hai Chen-ch'üan Chiao-i-so ku-chia chih-shuYale RomanizationShànghǎi Jèngchywàn Jyāuyìswǒ gǔjyà jřshùIPA[ʂâŋxàɪ ʈʂə̂ŋtɕʰɥɛ̂n tɕjáʊîswò kùtɕjâ ʈʂɻ̩̀ʂû]
Alternative Chinese name
Simplified Chinese 上证综合指数
Transcriptions
Second alternative Chinese name
Simplified Chinese 上证综指
Transcriptions

The SSE Composite Index also known as SSE Index is a stock market index of all stocks (A shares and B shares) that are traded at the Shanghai Stock Exchange.[2]

There are also SSE 180, SSE 50 and SSE Mega-Cap Indexes for top 180, 50 and 20 companies respectively, and the CSI 300 Index, which includes shares traded at the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

Weighting and calculation

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SSE Indices are all calculated using a Paasche weighted composite price index formula. This means that the index is based on a base period on a specific base day for its calculation. The base day for SSE Composite Index is December 19, 1990, and the base period is the total market capitalization of all stocks of that day.[2] The Base Value is 100. The index was launched on July 15, 1991.[2]

Current index = Current total market cap of constituents × Base Value / Base Period

Total market capitalization = Σ (price × shares issued)

The following table shows the annual development of the SSE Composite Index since 1990.[3][4]

Year Closing level Change in Indexin Points Change in Indexin %
1990 127.61
1991 292.75 165.14 129.41
1992 780.39 487.64 165.57
1993 833.80 53.41 6.84
1994 647.87 −185.93 −22.30
1995 555.28 −92.59 −14.29
1996 917.02 361.74 65.15
1997 1,194.10 277.08 30.22
1998 1,146.70 −43.39 −3.97
1999 1,366.58 219.88 19.18
2000 2,073.48 706.90 51.73
2001 1,645.97 −427.51 −20.62
2002 1,357.65 −288.32 −17.52
2003 1,497.04 139.39 10.27
2004 1,266.50 −230.55 −15.40
2005 1,161.05 −105.44 −8.33
2006 2,675.47 1,514.42 130.43
2007 5,261.56 2,586.09 96.66
2008 1,820.81 −3,440.75 −65.39
2009 3,277.14 1,456.33 79.98
2010 2,808.08 −469.06 −14.31
2011 2,199.42 −608.66 −21.68
2012 2,269.13 69.71 3.17
2013 2,115.98 −153.15 −6.75
2014 3,234.68 1,118.70 52.87
2015 3,539.18 304.50 9.41
2016 3,103.64 −435.54 −12.31
2017 3,307.17 203.53 6.56
2018 2,493.90 −813.27 −24.59
2019 3,050.12 556.22 22.30
2020 3,473.07 422.95 13.87
2021 3,639.78 166.71 4.80
2022 3,089.26 −550.52 −15.03
2023 2,974.93 −114.33 −3.70
  1. ^ a b "SSE Composite Fact Sheet September 2017" (PDF) (Press release). China Securities Index. September 2017. Archived (PDF) from the original on 31 October 2017. Retrieved 31 October 2017.
  2. ^ a b c "Methodology of SSE Composite Index" (PDF). China Securities Index. Retrieved 31 October 2017.
  3. ^ "Historical data: Shanghai Composite Index - China (SHC)".
  4. ^ "Shanghai Composite Index (China) Yearly Stock Returns". www.1stock1.com. Retrieved 2020-01-20.